Sam Altman’s eye-scanning project launches cryptocurrency in the US. After scanning millions of eyes around the world, Tools for Humanity is bringing Worldcoin to the United States.
Over the past few years, what sounds like an episode of Black Mirror has been unfolding in real life: millions of people around the world have agreed to let metallic orbs scan their eyes in exchange for receiving a blockchain-based ID and a cryptocurrency called Worldcoin.
Beginning this week, Worldcoin (WLD) will be available in most of the US for the first time, including via exchanges like Coinbase. Those who scan their eyes at a World orb will receive 16 WLD. Meanwhile, people who have downloaded and already registered with the World app in the US will receive a “pioneer grant” of 150 WLD dropped into their wallet.
The Sam Altman co-founded startup behind the project,Tools for Humanity, is also working with Visa to release a debit card later this year that converts WLD to fiat currency at checkout. Altman, who is currently the chairman of Tools for Humanity, announced the news alongside CEO Alex Blania at a press event in San Francisco on Wednesday, dubbed “At Last.”
More than 7,000 of World’s orbs will be available for iris scans at physical “World Space” locations in Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco, as well as in Razer stores. Tools for Humanity updated the orb’s physical design last year, and on Wednesday, it teased a smaller “orb mini” that resembles a smartphone.
Co-founder Sam Altman said World’s orbs and cryptocurrency are meant to solve for “trust in the age of AGI.”
Since it was founded by Altman, Blania, and Max Novendstern in 2019, the startup’s stated mission has beento make World ID the primary method for verifying humans online. The implicit goal is to address the societal ramifications of OpenAI, Altman’s other company. As AI becomes more advanced, the idea is that a system like World ID will become necessary for distinguishing between what is generated and what is not. In Altman’s vision of the future,Worldcoin could also serve as a form of universal basic income for individuals whose jobs have been replaced by AI.
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>https://www.theverge.com/cryptocurrency/659011/worldcoin-us-launch-orb-crypto-sam-altman